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What Is Pocket Option Minimum Deposit? Is It Low Or High?

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Pocket Option is available in US
FULL Pocket Option OVERVIEW

Editorial Note: While we adhere to strict Editorial Integrity, this post may contain references to products from our partners. Here's an explanation for How We Make Money. None of the data and information on this webpage constitutes investment advice according to our Disclaimer.

The Pocket Option minimum deposit is $5, making it one of the lowest among over 300 brokers analyzed by Traders Union. This low entry threshold allows new traders to start with minimal capital, especially compared to the industry average minimum deposit of $310. Pocket Option supports 10+ deposit methods, including bank cards, e-wallets, and cryptocurrencies, most of which are processed instantly or within 1 business day. While Pocket Option charges 0% deposit fees, some third-party providers may apply additional costs. Always check processing times and regional limitations before funding your account.

Pocket Option's low barrier to entry makes it especially appealing for beginners or casual traders who want to test the waters without risking significant capital. But how does this minimum deposit compare to industry standards? Is it truly low, or are there hidden trade-offs? In this article, we break down the Pocket Option minimum deposit, compare it to the market average, and explain what to consider before funding your account.

Are there any fees or charges for making deposits at Pocket Option?

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There are no direct fees charged by Pocket Option when you make a deposit. However, third-party payment providers may apply transaction charges. For instance, credit card processors can charge around 1–3% per transaction, depending on your bank or region. These charges are not covered by Pocket Option and should be factored into your overall deposit cost.

The Pocket Option minimum deposit is just $5, making it a highly accessible entry point for new traders. This low threshold allows users to explore the platform without committing significant capital upfront.

While Pocket Option itself does not charge deposit fees, keep in mind that some payment methods may impose additional charges. This becomes relevant when calculating the actual minimum deposit on Pocket Option, especially for users dealing with currency conversion or cross-border gateways.

If you're wondering what is the minimum deposit for Pocket Option, note that while $5 is standard, the final minimum amount may vary depending on the trader’s country, account type, or payment provider restrictions. Local financial regulations or gateway availability can influence this amount.

To fully understand the minimum deposit in Pocket Option, it’s essential to also consider possible conversion fees, gateway-specific policies, and regional limitations. These external variables can affect the effective minimum deposit Pocket Option users are expected to make, even though the platform’s own threshold remains low by industry standards.

Pocket Option deposit and withdrawal fees vs competitors
Deposit fee, %Withdrawal fee, %Withdrawal fee, USD
Pocket Option000
Eightcap000
RoboForex00-40-1,3

What deposit methods does Pocket Option support? How long does account funding typically take?

Pocket Option supports a wide variety of deposit methods, making it convenient for global users to fund their trading accounts.

Available deposit options include:

  • Bank cards. Visa and Mastercard.

  • Bank wires. May take up to 5 business days.

  • E-wallets. Skrill, Neteller, Wise, M-Pesa.

  • Cryptocurrencies. Bitcoin, Ethereum, Tether (USDT), and others.

For most users, deposits are processed instantly — especially when using e-wallets or cryptocurrencies. The term “Instant” during the deposit process means that Pocket Option handles the transaction automatically, without requiring manual approval. However, bank transfers may take 1 to 5 business days, depending on your banking institution and region.

The minimum deposit on Pocket Option is designed to be accessible, allowing traders to explore the platform without a large initial investment. If you're asking what is the minimum deposit for Pocket Option, be aware that while $5 is typical, regional payment rules or account currencies may slightly influence this amount.

When evaluating the minimum deposit in Pocket Option, it’s also important to consider third-party fees, such as currency conversion or transaction charges imposed by your payment provider. These additional costs can affect the effective deposit total.

Overall, the minimum deposit Pocket Option requires is both flexible and beginner-friendly, supported by a wide range of payment options. Before withdrawing, make sure you check the Pocket Option withdrawal minimum, which can vary by method and policy.

Pocket Option deposit methods and processing times
Pocket OptionTypical Deposit Time
Visa/MastercardYesInstant to 2 business days
Bank WireYes1 to 5 business days
SkrillYesInstant to 1 business day
NetellerYesInstant to 1 business day
BTCYes10 minutes to 1 hour
USDTYes5 minutes to 1 hour
EthereumYes5 minutes to 1 hour
WiseYesInstant to 3 business days
M-PesaYesInstant to 1 business day

What are Pocket Option base account currencies?

For many traders, having an account in the base currency of their country or the asset they intend to trade is crucial. This helps avoid conversion fees, simplifies accounting, and makes it easier to track performance in a familiar currency. Below, we compare the base account currencies available at Pocket Option with those offered by its competitors.

Pocket Option account currency vs competitors
Pocket OptionEightcapRoboForex
USDYesYesYes
EURNoYesYes
GBPNoYesNo
AUDNoYesNo
NGNNoNoNo
ZARNoNoNo
CADNoYesNo
NZDNoYesNo
CHFNoNoNo
INRNoNoNo
JPYNoNoNo
GoldNoNoYes
BTCYesYesNo
Open an accountOpen an accountOpen an account

How much money do I need to start trading on Pocket Option?

The minimum amount required to start trading can differ from the advertised minimum deposit on Pocket Option. Some brokers claim to have no minimum deposit requirement, which means no minimum amount is needed to open an account. However, a certain amount is still necessary for actual trading.

The required trading amount to start trading on Pocket Option depends on the lot size and available leverage. We recommend not using leverage higher than 1:30, as suggested by most Tier-1 Forex regulators. The minimum amount required to start trading a micro lot with 1:30 leverage on Pocket Option is approximately $33.

Minimum trading amounts for different lot size
Standard LotMini LotMicro Lot
1:1$100,000$10,000$1,000
1:10$10,000$1,000$100
1:30$3,334$334$33

Notes:

  • A standard lot is 100,000 units of the base currency.

  • A mini lot is 10,000 units of the base currency.

  • A micro lot is 1,000 units of the base currency.

Does Pocket Option offer a low minimum deposit Cent account?

Pocket Option does not offer a cent account, which is typically favored by new traders looking to minimize risk exposure. Cent accounts allow users to trade with balances shown in cents, enabling micro-sized positions and smaller lot control. This feature is useful for testing trading strategies without significant capital at stake.

While the Pocket Option minimum deposit is just $5, which is relatively low compared to industry standards, all trades are executed in standard dollar terms. This means the minimum deposit Pocket Option allows does not provide the same flexibility or micro-scaling that cent accounts offer.

If you're researching what is the minimum deposit for Pocket Option, the straightforward answer is $5. However, it's important to recognize that trades are not processed in fractional units, which might limit how cautiously you can approach risk if you're on a tight budget.

The minimum deposit in Pocket Option does make the platform accessible to beginners, but without the enhanced control of a cent account. When evaluating the minimum deposit on Pocket Option, understand that the lack of cent functionality may reduce the precision of low-volume testing or strategy simulations.

For traders who prioritize very small-scale exposure and flexibility, it may be worth comparing the minimum deposit for Pocket Option with brokers that offer true cent accounts starting from $1 to $10, as they may better suit micro-trading preferences.

Cent account availability and minimum deposit comparison across brokers/
RoboForexTeleTradeVantage Markets
Cent accountYesYesYes
Minimum deposit10$10$50$
Open an accountOpen an accountOpen an account

How to deposit money to the Pocket Option trading account?

Depositing money into your Pocket Option trading account is simple and quick. Follow these 6 easy steps:

Log In to your account

  • Go to the Pocket Option website https://pocketoption.com/ or mobile app.

  • Enter your username and password to log in to your trading account.

Go to the deposit section

  • Navigate to the "Deposit" or "Funding" section in the main menu or account settings.

Select a payment method

  • Choose your preferred payment method from the options available: BTC, M-Pesa, Visa/Mastercard, Skrill, Bank Wire, Neteller, USDT, Ethereum, Wise.

Enter deposit details

  • Specify the amount you wish to deposit. Keep in mind that the Pocket Option minimum deposit is 5$.

  • Provide the necessary information for the chosen payment method.

Confirm the transaction

  • Review your deposit details for accuracy.

  • Click "Deposit" or "Submit" to confirm the transaction.

Check your account balance

  • Once the deposit is processed, verify that the funds are credited to your account balance.

Pro tips for beginning traders

The following expert-backed practical advice can save you time, money, and potential headaches in terms of deposits and account management.

While Pocket Option advertises a comparatively low account minimum, verify deposit method-specific minimums, as some payment processors or transfers may exceed the stated broker minimum. A Finance Magnates study found that 15% of Forex brokers had at least one deposit method carrying a higher threshold.

Additionally, note the deposit choice can impact your trading. A Journal of Financial Markets study discovered traders using instant methods like credit cards or e-wallets were 30% more prone to impulsive behavior versus those utilizing longer-processing bank transfers.

Therefore, thoroughly research each deposit option's requirements to start with the lowest barrier to entry and avoid surprises. Consider how faster access granted by some methods could potentially enable riskier trading patterns compared to taking time to plan and enter the market carefully. Weigh minimums alongside processing times and their combined effect on your trading psychology and risk management as you select the most strategic way to fund your account at Pocket Option.

Conclusion

Pocket Option offers one of the lowest entry thresholds on the market, with a minimum deposit of just $5. This makes the platform highly accessible for beginners and casual traders. With multiple funding methods, zero internal deposit fees, and instant processing for most options, Pocket Option supports a flexible and streamlined funding experience. However, the lack of cent account support and limited account base currencies may be a drawback for some users.

Before making your first deposit, it’s important to consider the payment method’s processing time, regional limits, and potential third-party fees. Overall, Pocket Option is a budget-friendly broker that simplifies the onboarding process for new traders, especially those testing the waters with a small starting balance.

FAQs

Can I use a demo account before making the minimum deposit?

Yes, Pocket Option offers a demo account with virtual funds, allowing you to explore the platform and test strategies before making a real deposit.

Is there a difference between mobile and desktop deposit methods?

No, the same deposit methods are available on both mobile and desktop versions. However, processing speed may vary based on the app’s performance.

Can I change my base account currency after the first deposit?

No, Pocket Option does not currently allow users to change the base currency of their account once the initial deposit has been made.

Does Pocket Option offer deposit bonuses for new users?

Yes, Pocket Option frequently offers deposit bonuses and promotional codes. Check the official promotions page or your account dashboard for offers.

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Team that worked on the article

Oleg Tkachenko
Author and expert at Traders Union

Oleg Tkachenko is an economic analyst and risk manager having more than 14 years of experience in working with systemically important banks, investment companies, and analytical platforms. He has been a Traders Union analyst since 2018. His primary specialties are analysis and prediction of price tendencies in the Forex, stock, commodity, and cryptocurrency markets, as well as the development of trading strategies and individual risk management systems. He also analyzes nonstandard investing markets and studies trading psychology.

Also, Oleg became a member of the National Union of Journalists of Ukraine (membership card No. 4575, international certificate UKR4494).

Olga Shendetskaya
Author and editor at Traders Union

Olga Shendetskaya has been a part of the Traders Union team as an author, editor and proofreader since 2017. Since 2020, Shendetskaya has been the assistant chief editor of the website of Traders Union, an international association of traders. She has over 10 years of experience of working with economic and financial texts. In the period of 2017-2020, Olga has worked as a journalist and editor of laftNews news agency, economic and financial news sections. At the moment, Olga is a part of the team of top industry experts involved in creation of educational articles in finance and investment, overseeing their writing and publication on the Traders Union website.

Mirjan Hipolito
Cryptocurrency and stock expert

Mirjan Hipolito is a journalist and news editor at Traders Union. She is an expert crypto writer with five years of experience in the financial markets. Her specialties are daily market news, price predictions, and Initial Coin Offerings (ICO).